Mid Term Techno Funda Call
Buy Godavari Drugs (BSE - 530317) at CMP of 62.5 - 63.5 and dips till 59
SL 56
Targets:- 66 - 67 - 68 - 69 - 70 - 71 - 72+
Above 72 we ca see 75 - 78 - 81+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Buy Godavari Drugs (BSE - 530317) at CMP of 62.5 - 63.5 and dips till 59
SL 56
Targets:- 66 - 67 - 68 - 69 - 70 - 71 - 72+
Above 72 we ca see 75 - 78 - 81+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Short Term Bumper Call
Buy INNOVTEC (BSE - 523840) at CMP of 21 - 21.5 and dips till 19
Sl 18
Targets:- 22 - 22.5 - 23 - 23.5 - 24 - 25+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing
Buy INNOVTEC (BSE - 523840) at CMP of 21 - 21.5 and dips till 19
Sl 18
Targets:- 22 - 22.5 - 23 - 23.5 - 24 - 25+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing
*Some important Personal Finance Rules*
Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Life Insurance Rule
*Rule of 72*
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs
At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs
*Rule of 114*
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.
For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years
At 6% interest rate, it will take 19yrs
*Rule of 144*
No. of years required to quadruple your money at a given rate, U just divide 144 by interest rate.
For eg, if you want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs.
At 6% interest rate, it will take 24yrs
*Rule of 70*
Divide 70 by current inflation rate to know how fast the value of your investment will get reduced to half its present value.
Inflation rate of 7% will reduce the value of your money to half in 10 years.
*4% Rule for Financial Freedom*
Corpus Reqd- 25*Annual Expenses
Eg- annual expense is 500,000 then corpus required to retire is 1.25 cr.
Put 50% into fixed income & 50% into equity.
Withdraw 4% every yr, i.e.5 lac.
This rule works for 96% of time in 30 yr period
*100 minus your age rule*
This rule is used for asset allocation. Subtract your age from 100 to find out, how much of your portfolio should be allocated to equities
Age 30
Equity : 70%
Debt : 30%
Age 60
Equity : 40%
Debt : 60%
*10-5-3 Rule*
One should have reasonable returns expectations
10℅ Rate of return - Equity / Mutual Funds
5℅ - Debts ( Fixed Deposits or Other Debt instruments)
3℅ - Savings Account
*50-30-20 Rule - Allocation*
Divide your income into
50℅ - Needs - Groceries, rent, emi
30℅ - Wants - Entertainment, vacations, etc
20℅ - Savings - Equity, MFs, Debt, FD, etc
Atleast try to save 20℅ of your income.
You can definitely save more
*3X Emergency Rule*
Always put atleast 3 times your monthly income in Emergency funds for emergencies such as Loss of employment, medical emergency, etc.
3 X Monthly Income
You can have around 6 X Monthly Income to be on a safer side
*40℅ EMI Rule*
Never go beyond 40℅ of your income into EMIs.
Say you earn, 50,000 per month. So you should not have EMIs more than 20,000 .
This Rule is generally used by Finance companies to provide loans. You can use it to manage your finances.
*Life Insurance Rule *
Always have Sum Assured as 20 times of your Annual Income
20 X Annual Income
Say you earn 5 Lacs annually, u shud at least have 1 crore insurance by following this Rule
Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Life Insurance Rule
*Rule of 72*
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs
At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs
*Rule of 114*
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.
For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years
At 6% interest rate, it will take 19yrs
*Rule of 144*
No. of years required to quadruple your money at a given rate, U just divide 144 by interest rate.
For eg, if you want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs.
At 6% interest rate, it will take 24yrs
*Rule of 70*
Divide 70 by current inflation rate to know how fast the value of your investment will get reduced to half its present value.
Inflation rate of 7% will reduce the value of your money to half in 10 years.
*4% Rule for Financial Freedom*
Corpus Reqd- 25*Annual Expenses
Eg- annual expense is 500,000 then corpus required to retire is 1.25 cr.
Put 50% into fixed income & 50% into equity.
Withdraw 4% every yr, i.e.5 lac.
This rule works for 96% of time in 30 yr period
*100 minus your age rule*
This rule is used for asset allocation. Subtract your age from 100 to find out, how much of your portfolio should be allocated to equities
Age 30
Equity : 70%
Debt : 30%
Age 60
Equity : 40%
Debt : 60%
*10-5-3 Rule*
One should have reasonable returns expectations
10℅ Rate of return - Equity / Mutual Funds
5℅ - Debts ( Fixed Deposits or Other Debt instruments)
3℅ - Savings Account
*50-30-20 Rule - Allocation*
Divide your income into
50℅ - Needs - Groceries, rent, emi
30℅ - Wants - Entertainment, vacations, etc
20℅ - Savings - Equity, MFs, Debt, FD, etc
Atleast try to save 20℅ of your income.
You can definitely save more
*3X Emergency Rule*
Always put atleast 3 times your monthly income in Emergency funds for emergencies such as Loss of employment, medical emergency, etc.
3 X Monthly Income
You can have around 6 X Monthly Income to be on a safer side
*40℅ EMI Rule*
Never go beyond 40℅ of your income into EMIs.
Say you earn, 50,000 per month. So you should not have EMIs more than 20,000 .
This Rule is generally used by Finance companies to provide loans. You can use it to manage your finances.
*Life Insurance Rule *
Always have Sum Assured as 20 times of your Annual Income
20 X Annual Income
Say you earn 5 Lacs annually, u shud at least have 1 crore insurance by following this Rule
HIGHLIGHTS from PM Modi's speech:
The Centre will buy 75% of the total vaccine production from vaccine manufacturers and give it free to the state governments.
25% of all vaccines will continue to be administered through private hospitals. However, private hospitals can charge a maximum of Rs 150 for vaccination above the price.
Seven companies in the country are producing different vaccines, 3 vaccine trials at advanced stage, announced PM.
Research is being conducted for a nasal vaccine in the country, said PM Modi.
PM Modi appealed to all to enhance vaccine awareness.
PM Modi hit out at the opposition states for vaccine politics and their U-turn on the earlier centralised vaccine policy.
Govt has decided to extend Pradhan Mantri Garib Kalyan Anna Yojana till Diwali. 80 crore poor will be provided free ration, under the scheme.
Production capacity of all countries combined is small compared to global demand of vaccines, said PM on vaccine shortage.
The Centre will buy 75% of the total vaccine production from vaccine manufacturers and give it free to the state governments.
25% of all vaccines will continue to be administered through private hospitals. However, private hospitals can charge a maximum of Rs 150 for vaccination above the price.
Seven companies in the country are producing different vaccines, 3 vaccine trials at advanced stage, announced PM.
Research is being conducted for a nasal vaccine in the country, said PM Modi.
PM Modi appealed to all to enhance vaccine awareness.
PM Modi hit out at the opposition states for vaccine politics and their U-turn on the earlier centralised vaccine policy.
Govt has decided to extend Pradhan Mantri Garib Kalyan Anna Yojana till Diwali. 80 crore poor will be provided free ration, under the scheme.
Production capacity of all countries combined is small compared to global demand of vaccines, said PM on vaccine shortage.